Air Force Expeditionary Service Ribbon

AAR expands Ontic partnership, signing military customer support distribution contract extension and new long-term global commercial distribution agreement

Retrieved on: 
Thursday, December 15, 2022
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Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.

Key Points: 
  • Wood Dale, Illinois, Dec. 15, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has expanded its partnership with Ontic by signing a military customer support distribution contract extension and a new long-term global commercial distribution agreement.
  • Under the military customer support distribution contract extension, AAR will continue to provide supply chain solutions, including warehousing, logistics, and supply chain management, for Ontic’s Cheltenham MRO.
  • AAR will also continue to deliver global distribution services, including sales and international government customer support of electronic assemblies, flight control units, gyroscopes, and altimeters, for military operators.
  • This new agreement increases AAR’s product offerings for commercial customers and provides Ontic’s customer base with lead time compression and elevated service levels.

AAR to announce second quarter fiscal year 2023 results on December 20, 2022

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Tuesday, December 6, 2022
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On Tuesday, December 20, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.

Key Points: 
  • On Tuesday, December 20, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.
  • Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call.
  • AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR earns 2023 Military Friendly® Employer designations

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Friday, November 11, 2022
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Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earned the 2023 Military Friendly Employer Gold designation and 2023 Military Friendly Spouse Employer designation.

Key Points: 
  • Wood Dale, Illinois, Nov. 11, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that it earned the 2023 Military Friendly Employer Gold designation and 2023 Military Friendly Spouse Employer designation.
  • Institutions earning the Military Friendly Employer designations were evaluated using both public data sources and responses from a proprietary survey.
  • Companies earning the Military Friendly Employers designation elevate the standard for military programs globally; they have invested in substantive programs that promote positive outcomes for service members, military spouses, and veterans within their organizations, said Kayla Lopez, Director of Military Partnerships, Military Friendly.
  • AAR will be showcased as a 2023 Military Friendly Employer in the December issue of G.I.

AAR launches 2022 Environmental, Social, and Governance (ESG) Report

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Monday, October 31, 2022
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This marks AARs second ESG report, following its inaugural report in 2021.

Key Points: 
  • This marks AARs second ESG report, following its inaugural report in 2021.
  • New to this years report is an ESG impact assessment, which AAR pursued to enhance its understanding of sustainability impacts and further incorporate ESG-related risks and opportunities into its future strategy.
  • The 2022 Report also includes a Task Force on Climate-related Financial Disclosures (TCFD) report to increase availability of ESG related information.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR expands partnership with flydubai, signing multi-year Boeing 737 MAX flight-hour component support contract

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Wednesday, October 19, 2022
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We look forward to expanding our partnership with AAR as we grow our fleet over the next few years.

Key Points: 
  • We look forward to expanding our partnership with AAR as we grow our fleet over the next few years.
  • flydubai operates a single fleet-type of 68 Boeing 737 aircraft that includes 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8, and 3 Boeing 737 MAX 9 aircraft.
  • AAR began supporting flydubais flagship fleet of Boeing 737 MAX in 2017 and signed a contract extension for flydubais Boeing 737 Next Generation fleet in 2021.
  • An efficient single fleet-type: Operates a single fleet-type of 68 Boeing 737 aircraftand includes: 32 Next-Generation Boeing 737-800, 33 Boeing 737 MAX 8 and 3 Boeing 737 MAX 9 aircraft.

AAR expands long-term relationship with Unison Industries to become global exclusive distributor for multiple product offerings

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Wednesday, October 5, 2022
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AAR has been a trusted partner for over 10 years, said Brian DeGennaro, Vice President, Global Sales and Marketing for Unison Industries.

Key Points: 
  • AAR has been a trusted partner for over 10 years, said Brian DeGennaro, Vice President, Global Sales and Marketing for Unison Industries.
  • This expanded agreement will enhance Unisons customer experience through increased product availability and will enable AAR to help Unison Industries grow our aftermarket business globally.
  • Augmenting our relationship with Unison Industries will compress lead times and improve customer service for operators and MRO facilities globally, said Eric Young, AARs Vice President of OEM Solutions.
  • Unison Industries, LLC, is a leading global supplier of complex gas turbine engine components and electrical & mechanical systems.

Unison Industries expands long-term relationship with AAR

Retrieved on: 
Wednesday, October 5, 2022
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Unison Industries today announced the expansion of a long-standing relationship with AAR CORP. (NYSE: AIR) as the exclusive worldwide aftermarket distributor for Unison Industries' aviation, aerospace, military, and civil land vehicle products.

Key Points: 
  • Unison Industries today announced the expansion of a long-standing relationship with AAR CORP. (NYSE: AIR) as the exclusive worldwide aftermarket distributor for Unison Industries' aviation, aerospace, military, and civil land vehicle products.
  • AAR has been a trusted partner for more than 10 years, said Brian DeGennaro, vice president, Global Sales and Marketing for Unison Industries.
  • This expanded agreement will enhance our customers experience through increased product availability and will enable AAR to help Unison Industries grow our aftermarket business globally.
  • Augmenting our relationship with Unison Industries will compress lead times and improve customer service for operators and MRO facilities globally, said Eric Young, AARs vice president of OEM Solutions.

Airinmar selected by Cebu Pacific to provide warranty management and value engineering support services

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Thursday, September 29, 2022
AAR, AIR, Senior advisor, Aircraft, NYSE, ATR, Freedom Air, Company, Compliance, Growth, Private Securities Litigation Reform Act, American Railway Engineering and Maintenance-of-Way Association, Forward-looking statement, CEB, Universal Mobile Systems, Solution, Annual report, Cebu Pacific, General manager, Oracle Complex MRO, GLOBE, Air Force Expeditionary Service Ribbon, Original equipment manufacturer, MRO, PSE, Airline, Risk management, Engineering, Airbus, Overhaul, Maintenance

Airinmar will provide Cebu Pacific with a full suite of support services covering both aircraft warranty management and value engineering.

Key Points: 
  • Airinmar will provide Cebu Pacific with a full suite of support services covering both aircraft warranty management and value engineering.
  • Warranty management services will include the identification, claim, and recovery of the multiple airframe, engine, and component warranty entitlements provided by airframe manufacturers and their suppliers.
  • Value engineering services will include cost oversight to ensure compliance with Cebus contracted component repairs and to minimize component out-of-scope flight-hour repair charges.
  • Airinmars well regarded warranty management and value engineering services and ability to deliver cost savings and credit recovery will support effective management of our maintenance spend as we expand our fleet of aircraft, said Shevantha Weerasekera, Senior Advisor / Vice President, Engineering and Maintenance for Cebu.

AAR to announce first quarter fiscal year 2023 results on September 22, 2022

Retrieved on: 
Thursday, September 8, 2022
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On Thursday, September 22, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.

Key Points: 
  • On Thursday, September 22, 2022, at 3:45 p.m. Central time, AAR will hold a conference call to discuss the results.
  • Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call.
  • AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
  • Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services.

AAR Mobility Systems awarded $173.5 million firm-fixed-price contract from U.S. Air Force to produce Next Generation All Aluminum Cargo Pallets

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Wednesday, August 3, 2022
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AAR currently produces and repairs the existing generation 463L cargo pallets for the USAF to support its worldwide operational requirements, said Lee Krantz, AAR Senior Vice President, Mobility Systems.

Key Points: 
  • AAR currently produces and repairs the existing generation 463L cargo pallets for the USAF to support its worldwide operational requirements, said Lee Krantz, AAR Senior Vice President, Mobility Systems.
  • AAR is proud to continue the program with the next generation pallet for many years to come.
  • AAR also proudly provides legacy 463L systems cargo pallets to other branches of the U.S. Armed Forces and continues to be a leader in design and production.
  • AAR will continue to supply legacy 463L pallets over the next several years during the transition to the next generation pallet.